Business
All Time High Quarterly Platinum Oz Production
All Time High Quarterly Platinum Oz Production.
About this update from Sylvania Platinum Ltd.
[{"type":"text","content":"\n \nRNS Number : 1565F Sylvania Platinum Limited 19 April 2011 \n \n\nSylvania Platinum Limited\n(\"Sylvania Platinum\", \"Sylvania\" or the \"Company\" \n(ASX: SLP, AIM: SLP)\n \nSylvania Platinum Achieves All-Time High Quarterly Platinum Ounce Production\n \nThe Sylvania Platinum Board is pleased to announce that it continues to deliver on its internal production guidance at the Company's five PGM production operations and has seen another all-time record high production volume of 10,768 oz achieved in the quarter to 31 March 2011. This exceeds Management's targeted production expectations of 10,500 oz and supports the annual outlook of 40,000 oz for the financial year to June 2011.\nSylvania expects to announce its full quarterly results for the period ended 31March 2011 on or before 30th April 2011.\nSylvania has also progressed well with its near surface exploration programme at its new Volspruit Mine, with bulk sampling, Mintec float test results and DC smelting trial pre-feasibility results all underway. In addition, exploration work at the Northern Limb assets is advancing well.\nCommenting today, Nigel Trevarthen, Deputy CEO, said: \"We are pleased that all of Sylvania's five operating plants have shown improvements and continue to outperform targeted production rates. We look forward to reporting further progress with production data as well as a full overview of exploration developments at our upcoming quarterly results to 31 March 2011, due at the end of April.\"\n \nFor further information please visit www.sylvaniaplatinum.com or contact:\n \nIn South Africa\nTerence McConnachie (CEO Sylvania Platinum Limited)\n(+27 11) 673 1171\n \nLouis Carroll (FD/Joint Company Secretary)\nSylvania Platinum Limited\n+44 (0) 7969 170 622\n \nIn Australia\nRichard Rossiter (Chairman)\nSylvania Platinum Limited\n(+614) 1868 8338\n \nGrant Button (Director/Joint Company Secretary)\nSylvania Platinum Limited\n(+618) 9226 4777\n \nIn United Kingdom\nAnthony Rowland/ Ben Wright\nAmbrian Partners Limited\n+44 (0) 20 7634 4700\n \nLaurence Read/Beth Harris\nThreadneedle Communications\n+44 (0) 20 7653 9855\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCSFUSIUFFSEEL \n ","length":4126,"tagName":"div"}]